Gold miner AngloGold_07 is targeting first gold in Nevada by the end of 2025 diggersndealers mining investment
KALGOORLIE – Gold miner AngloGold Ashanti is targeting first gold from its North Bullfrog gold mine, in Nevada, by the end of 2025., said on the sidelines of the Diggers & Dealers conference that the feasibility study for the North Bullfrog project was due for completion before the end of this year.
While first gold from the heap leach circuit is targeted for the end of 2025, the project would ramp up to an ultimate steady-state production of 100 000 oz/y by 2026, with Briggs tellingThe permitting process and the environmental baseline studies for North Bullfrog are continuing, and AngloGold Ashanti is expecting permitting to be in place shortly.
“North Bullfrog is a small satellite deposit. The real prize is the expanded Silicone project. We already have four-million ounces defined at the Silicone deposit and have released an exploration target of six- to eight-million ounces at Merlin, so that is a minimum ten-million ounces,” Briggs said.Meanwhile, AngloGold Ashanti is days away from a shareholder vote on the company’s plans to move its primary listing to the NYSE and to re-domicile from South Africa to the UK.
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